Identification of strategic industries: a dynamic perspective
AbstractReliable estimates of the economy-wide losses associated with closedown of an industry are generally hard to obtain. In the input-output literature, numerous measures of the social value of industries were proposed. These measures are mostly based on comparative statics results, whereas a dynamic perspective seems much more in demand. In this paper, "hypothetical extraction" methods are used in a new dynamic input-output model of economic growth. This model also stresses the importance of technological linkages between industries and of international trade performance. The potential power of the dynamic extraction methodology is illustrated by simulation results for a hypothetical economy.
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Bibliographic InfoPaper provided by University of Groningen, CCSO Centre for Economic Research in its series CCSO Working Papers with number 200202.
Date of creation: 2002
Date of revision:
Other versions of this item:
- Bart Los, 2004. "Identification of strategic industries: A dynamic perspective," Economics of Governance, Springer, vol. 83(4), pages 669-698, October.
- Bart Los, 2004. "Identification of strategic industries: A dynamic perspective," Papers in Regional Science, Springer, vol. 83(4), pages 669-698, October.
- Bart Los, 2001. "Identification of Strategic Industries: A Dynamic Perspective," ERSA conference papers ersa01p112, European Regional Science Association.
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